At the Multi Commodity Exchange, crude palm oil for delivery in August rose by Rs 3.80 or 0.76 per cent to Rs 503 per 10 kg in a business turnover of 733 lots.
On similar lines, the oil for delivery in current month contracts was trading higher by Rs 2.40 or 0.46 per cent to Rs 521 per 10 kg in 43 lots.
Analysts attributed rise in crude palm oil prices at futures trade to building up of positions by speculators, driven by pick up in demand in the spot market against restricted supplies from producing regions.